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When a new partner is admitted he acquires his share of profits , this will ____ the old partner’s shares in profits:a)Reduceb)Increasec)Remain samed)No changeCorrect answer is option 'A'. Can you explain this answer? for Class 12 2025 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about When a new partner is admitted he acquires his share of profits , this will ____ the old partner’s shares in profits:a)Reduceb)Increasec)Remain samed)No changeCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When a new partner is admitted he acquires his share of profits , this will ____ the old partner’s shares in profits:a)Reduceb)Increasec)Remain samed)No changeCorrect answer is option 'A'. Can you explain this answer?.

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